Following the Decline, an Experienced Analyst Speaks About Bitcoin: “We May See a Movement Similar to 2018”
Photo: Bitcoin Sistemi
Benjamin Cowen, a prominent analyst in the cryptocurrency market, warned that the sharp sell-off in US stock markets could put further pressure on Bitcoin (BTC). Cowen noted the striking similarities between economic conditions in 2026 and 2018, suggesting that Bitcoin could retest the lows seen in July. In his latest market analysis, Cowen, addressing the declines in stock markets following the US midterm elections, recalled a similar scenario in 2018. According to the analyst, stock markets, which rose immediately after the elections, quickly gave back their gains and experienced significant losses in the last quarter of the year.
Source: Bitcoin Sistemi
